forex oil prices

Forex - Oil prices plunge $5. Financial market turmoil has weighed on Dollar.

The Dollar surged against the Yen on Thursday and erased earlier losses versus the Euro as Oil prices plunged and investors worried that high energy costs and financial market turmoil were slowing global growth.US stocks also rallied as Oil fell for a third straight day. That helped the Dollar post its biggest daily gain against the yen in more tha

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Forex: GBP/USD: Pound dropped to 1.5065 low; correlated with oil prices

FXstreet.com (Barcelona) ? The Pound continues weak after having declined from 1.5330 high yesterday to intra-week low around 1.5065, and the pair dies not take off to levels above 1.5100.According to the Kshitij Consultancy Service Team, the pair has taken south after breaking 55 SMA in the 4 hour chart: ?Cable fell past the Support at 55-MA on the 4-hour chart. A break past 1.4892 (21-DMA) may signal the confirmation of bearishness which could then pull the pair down towards

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Forex: GBP/USD: Pound drops below 1.5035

FXstreet.com (Barcelona) - The Pound has dropped from 1.5948, fresh 5-month high right ahead of the European session opening, to a fresh intra-week low at 1.5780, and the Sterling's attempts of recovery have all being capped at 1.5835, May 25 low.According to the Swiss e Trade Strategy Team, the Pound could drop as low as 1.5700: Cable is hovering above its longer-term support area at 1.5750 in early European trading, right now priced at 1.5785. We expect lower prices in

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Euro Zone Mar producer prices down 0.7%, -3.1% YoY

FXstreet.com (Barcelona) For more information, read our latest forex news.

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Forex: EUR/GBP rises to test 0.8830 again

FXstreet.com (Barcelona) - EUR/GBP has risen around 20 pips in the last minutes to test the 0.8830 resistance again. During the Asian session the pair was traded in a small range between 0.8780 and 0.8800, but in the early European session, Euro won 50 pips to reach 0.8830. Currently the pair is trading around 0.8820/30, 0.20% above today's opening price action.Yesterday, EUR/GBP fell 0.40% from opening price at 0.8845 to close at 0.8805. The pair reached 0.8853 as highest and

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Forex: USD/CHF tests its 4-month low levels

FXstreet.com (Barcelona) - USD/CHF has reached an intra-day low at 1.0830, after rejecting from 1.0870 and fall 40 pips in the European session. Currently the pair is trading around 1.0835/45 0.10% below today's opening price.USD/CHF is opening lower its weekly session after a weaken past week with the USD losing 3.30% against the Swissy from 1.1220 Monday opening price to close in Friday at 1.0850. USD/CHF reached 4-month low at 1.0810 and 1.1265 as 2-week high.The Swiss e Trade Strategy

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